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Many U.S. pensions have recently become fully funded. This paper discusses possible uses of excess pension assets and benefits of maintaining a surplus.
THE Atram Investment Management Partners Corp. (Atram Investment) is set to acquire Pru Life UK Asset Management and Trust Corp. (PAMTC) by 2024 with Atram Investment absorbing the latter’s fiduciary portfolio by November this year. Through a statement, Pru Life lnsurance Corp. of U.K. (Pru Life UK) said it will focus on its core business